R950m mall to open in Springs on 16 March 2017
Springs Mall, a R950m joint venture investment by Blue Crane Eco Mall, Flanagan & Gerard Property Development & Investment, REIT Vukile Property Fund and Murinda Investments, will open on 16 March 2017.
When the 48,000 sqm mall opens next year, it will become the only major mall in Springs, Ekurhuleni, in the east of Gauteng.
“For many years, the vision of the Springs-based D’Arrigo family to develop a major mall for Springs seemed an impossibility. In less than six months, it will become a reality,” says Paul Gerard of Flanagan & Gerard Property Development & Investment. “What’s more, it has become a shared vision with retailers and the community also invested in the mall, and we are all very excited for its public launch.”
In anticipation of its opening, the mall is already almost full, with some 96% of retail space let. Anchor tenants at Springs Mall include leading national retailers Woolworths, Checkers, Pick n Pay and Edgars. These retailing giants are supported by a comprehensive line-up of retail brands, concepts and leisure options – both big names and one-off treasures – with plenty to please everyone.
Destined to become a dominant mall in the region, the new Springs Mall benefits from excellent access off the N17 highway and Wit and Jan Smuts Roads. In addition, as part of the mall’s development, its owners have also invested in major improvements to the roads around the mall, which will benefit all road users.
Gerard reports that, in addition to this new infrastructure, with the opening of Springs Mall, people will not only have a top-notch new venue in which to fulfil their shopping needs, but also a vibrant place to meet, unwind and be entertained.